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Iron ore price rebounds on positive news from China’s property sector – MINING.COM – MINING.com
Debt-laden China Evergrande Group has resumed construction of 63 projects.
The most-traded January iron ore contract on China’s Dalian Commodity Exchange ended daytime trading 2.5% higher at 536 yuan ($84.00) a tonne. The contract hit 509.50 yuan earlier in the day, its lowest since Nov. 6, 2020, and marked its sixth consecutive…
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